Western Energy Imbalance Market (WEIM)
Former Seattle City Light CEO Debra Smith has been nominated to join the Western Energy Markets (WEM) Governing Body, with a three-year term to begin July 1.
CAISO said the Imperial Irrigation District has signed implementation agreements and will begin participating in the WEIM and EDAM in 2028.
CAISO delayed its final decision on how to allocate congestion revenues in its Extended Day-Ahead Market after receiving comments from stakeholders asking for more analysis.
Though BPA removed any uncertainty by selecting SPP’s Markets+ over CAISO’s EDAM, the debate over whether BPA made the right choice likely will heat up as the West confronts a split into two major markets.
Puget Sound Energy said it is joining Markets+, marking another win for SPP shortly after the Bonneville Power Administration issued its final market policy in favor of the day-ahead market.
Annual energy demand in the Pacific Northwest could reach between 31,000 and 44,000 MW by 2046, according to the NWPCC's initial 20-year forecast.
FERC approved the non-rate terms of SunZia Transmission’s proposed transmission owner tariff but sent the tariff’s non-subscriber usage rate to a settlement process and potential hearing.
BPA's day-ahead market decision will have “major reliability and affordability impacts” on electricity customers in the Northwest and across the West, CAISO CEO Elliot Mainzer told the ISO’s Board of Governors
The West-Wide Governance Pathways Initiative’s Launch Committee said it hopes to seat a permanent board by either next year or 2027 for the regional organization that will govern energy markets in the West.
CAISO's Department of Market Monitoring found lower natural gas prices helped drive down energy prices in the WEIM in the fourth quarter of 2024.
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